Fitch Ratings is pleased to announce the appointment of Mr. Evan Hale as Managing Director, Head of Fitch Asia-Pacific. Evan Hale joins Fitch from Fidelity where he developed his career in Canada, the
Top Layer Security , a leading global provider of Network Intrusion Prevention Systems (IPS), today announced that it has partnered with Statim Network Solutions, a provider of advanced computer and telephone solutions for company networks. This partnership enables Statim to bolster its managed services offerings for its customers, providing Top Layer’s award-winning IPS 5500 to defend …
Fitch Ratings expects 2009 to be a challenging year for the commodity protein, dairy and produce industries despite the significant decline in energy and agricultural ingredient costs. The extreme and unexpected volatility of key ingredient costs, and the ineffectiveness of some hedging practices continues to cause operating challenges.
Fitch Ratings-London/Moscow-19 February 2009: Fitch Ratings has today placed the Long-term foreign currency Issuer Default Ratings (IDRs) of seven Kazakh companies on Rating Watch Negative (RWN). The rating action follows the placement of Kazakhstan’s Long-term foreign and local currency IDRs of ‘BBB-’ ( BBB minus) and ‘BBB’, respectively, and Short-term foreign currency IDR of ‘F3′ on RWN
Fitch Ratings-London/Warsaw-19 February 2009: Fitch Ratings has today assigned the Polish City of Zabrze a Long-term foreign currency rating and a Long-term local currency rating of ‘BBB-’ (BBB minus) respectively, and a National Long- term Rating of ‘A-(pol)’.
Fitch Ratings-London/Dubai-19 February 2009: Fitch Ratings says today that Kuwaiti banks are likely to face a difficult period in 2009, amid the sharp slowdown in global economic activity and a large decline in oil prices, which will have a negative impact on the local economy.
Fitch Ratings will host a teleconference on Friday, 20 February 2009 at 2:30PM HK/SG to discuss its outlook for the Hong Kong and China residential property sectors.
Fitch Ratings has today said in a just released special report, “Japanese Structured Finance: 2008 Review and 2009 Outlook”, that it broadly expects Negative Outlooks on the underlying assets in the J